Sovran Advisors LLC Buys 13,462 Shares of CAVA Group, Inc. $CAVA

Sovran Advisors LLC increased its stake in shares of CAVA Group, Inc. (NYSE:CAVA) by 24.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 67,958 shares of the company’s stock after purchasing an additional 13,462 shares during the quarter. Sovran Advisors LLC’s holdings in CAVA Group were worth $4,105,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Atlantic Union Bankshares Corp purchased a new position in CAVA Group during the second quarter worth $31,000. Fifth Third Bancorp bought a new stake in shares of CAVA Group in the 2nd quarter worth about $38,000. Whittier Trust Co. lifted its holdings in shares of CAVA Group by 60.9% in the 2nd quarter. Whittier Trust Co. now owns 457 shares of the company’s stock worth $38,000 after acquiring an additional 173 shares during the last quarter. Toth Financial Advisory Corp boosted its stake in shares of CAVA Group by 656.7% during the 3rd quarter. Toth Financial Advisory Corp now owns 507 shares of the company’s stock worth $31,000 after purchasing an additional 440 shares during the period. Finally, Nisa Investment Advisors LLC bought a new position in CAVA Group during the 2nd quarter valued at about $45,000. 73.15% of the stock is currently owned by institutional investors.

CAVA Group News Summary

Here are the key news stories impacting CAVA Group this week:

• Positive Sentiment: Wall Street analyst coverage that encourages investors to consider CAVA may be supporting buying interest and short‑term demand. Brokers Suggest Investing in Cava
• Neutral Sentiment: Recent fundamentals remain mixed: quarterly revenue grew ~20% year‑over‑year but CAVA slightly missed EPS estimates and carries a high valuation (P/E ~57). That combination can mute upside from positive headlines. CAVA profile & recent results
• Negative Sentiment: A cluster of insider sales occurred on Jan. 21: CEO Brett Schulman sold 21,650 shares, CFO Tricia Tolivar sold 2,204 shares, and several other insiders (including Kenneth Bertram, Kelly Costanza and Theodoros Xenohristos) also trimmed positions — all at an average price of $67.41. Large, coordinated insider selling from multiple executives can be perceived negatively by investors as a signal of reduced near‑term insider conviction. CEO Form 4 (SEC)
• Negative Sentiment: Media coverage noted the stock underperforming while broader markets gained, which can attract short‑term selling pressure and reinforce negative momentum after the insider disclosures. CAVA stock sinks as market gains

Wall Street Analyst Weigh In

Several brokerages have issued reports on CAVA. Sanford C. Bernstein set a $70.00 target price on CAVA Group in a research report on Wednesday, January 7th. Telsey Advisory Group started coverage on shares of CAVA Group in a research note on Friday, January 9th. They set an “outperform” rating and a $85.00 target price for the company. Royal Bank Of Canada set a $70.00 price objective on shares of CAVA Group in a report on Wednesday, November 5th. Argus decreased their price target on shares of CAVA Group from $76.00 to $60.00 and set a “buy” rating for the company in a research note on Thursday, November 13th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $68.00 price objective on shares of CAVA Group in a research note on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, CAVA Group has an average rating of “Moderate Buy” and a consensus price target of $81.57.

Insider Buying and Selling

In other CAVA Group news, CEO Brett Schulman sold 21,650 shares of CAVA Group stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $67.41, for a total value of $1,459,426.50. Following the transaction, the chief executive officer directly owned 807,325 shares of the company’s stock, valued at approximately $54,421,778.25. The trade was a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Theodoros Xenohristos sold 965 shares of the stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $67.41, for a total value of $65,050.65. Following the sale, the insider owned 333,244 shares of the company’s stock, valued at approximately $22,463,978.04. This represents a 0.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 31,383 shares of company stock valued at $2,052,231 over the last quarter. Insiders own 12.10% of the company’s stock.

CAVA Group Stock Performance

Shares of CAVA opened at $66.35 on Monday. The stock has a market capitalization of $7.70 billion, a PE ratio of 57.20, a PEG ratio of 3.41 and a beta of 2.41. The company has a 50 day moving average price of $58.09 and a 200-day moving average price of $65.08. CAVA Group, Inc. has a fifty-two week low of $43.41 and a fifty-two week high of $144.49.

CAVA Group (NYSE:CAVA) last posted its earnings results on Tuesday, November 4th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.01). The company had revenue of $292.24 million during the quarter, compared to analysts’ expectations of $292.88 million. CAVA Group had a net margin of 12.14% and a return on equity of 8.88%. CAVA Group’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.15 EPS. Equities research analysts forecast that CAVA Group, Inc. will post 0.5 EPS for the current year.

CAVA Group Profile

CAVA Group, Inc (NYSE: CAVA) is a leading fast-casual restaurant company specializing in Mediterranean-inspired cuisine. Operating under the CAVA brand, the company offers customizable bowls, pitas and salads built around a variety of proteins, grains, fresh vegetables and house-made spreads. With a focus on high-quality ingredients and made-to-order preparation, CAVA aims to deliver a casual yet elevated dining experience for dine-in, takeout and catering customers.

Founded in 2011 in the Washington, DC metro area by Ike Grigoropoulos, Dimitri Katsanis and Brett Schulman, CAVA has pursued an aggressive growth strategy that included the 2018 acquisition of Zoe’s Kitchen.